procurement

Procurement is the process of finding and agreeing to terms, and acquiring goods, services, or works from an external source, often via a tendering or competitive bidding process. Procurement generally involves making buying decisions under conditions of scarcity.

Source: en.wikipedia.org

Tonkean Acquires Cinch to Expand Procurement and Finance Offerings

Tonkean Acquires Cinch to Expand Procurement and Finance Offerings
Tonkean Acquires Cinch to Expand Procurement and Finance Offerings
December 02, 2025  |  Acquisitions

Tonkean has acquired Cinch to grow its procurement and finance offerings as well as its presence in Europe, the Middle East and Africa. Get the...

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Predictive Analytics, Not Inventory, Becomes Front Line for Supply Chain Resilience
Predictive Analytics, Not Inventory, Becomes Front Line for Supply Chain Resilience
November 18, 2025  |  Supply Chain

Traditional planning is broken. Forecasts that once held for quarters now expire in days.  Get the Full Story Complete the form to unlock this article...

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GrubMarket Acquires Procurant to Bolster Fresh Food Supply Chains
GrubMarket Acquires Procurant to Bolster Fresh Food Supply Chains
November 17, 2025  |  Acquisitions

Food supply chain company GrubMarket has acquired produce industry trading and software-as-a-service (SaaS) platform Procurant. Get the Full Story Complete the form to unlock this article...

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Tariffs Test the Myth of Supply Chain Control
Tariffs Test the Myth of Supply Chain Control
November 05, 2025  |  Supply Chain

Businesses can’t manage what they can’t measure. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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AI Helps Global Supply Chains Operate Closer to Real Time
AI Helps Global Supply Chains Operate Closer to Real Time
October 14, 2025  |  artificial intelligence

The World Economic Forum reports that limited visibility continues to be one of the biggest structural challenges in global supply chains. Its research shows that...

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SMBs Tap Working Capital to Fuel Agility by Aligning Financing and Procurement
SMBs Tap Working Capital to Fuel Agility by Aligning Financing and Procurement
October 01, 2025  |  SMBs

Small– to medium-sized businesses (SMBs) face the ongoing challenge of how to compete on cost without compromising quality or compliance, particularly against today’s backdrop of...

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Firms Battle Uncertainty With ‘Straight-Through’ B2B Transactions as Growth Unlock
Firms Battle Uncertainty With ‘Straight-Through’ B2B Transactions as Growth Unlock
September 23, 2025  |  B2B Payments

In consumer markets, the idea of frictionless commerce is so ingrained that few people stop to think about it. A shopper clicks “Buy Now” on...

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How to Build a Self-Driving Global Trade Network
How to Build a Self-Driving Global Trade Network
July 25, 2025  |  Supply Chain

Watch more: Building the Autonomous Global Trade Network: The Future of Connected Procurement Get the Full Story Complete the form to unlock this article and...

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Magentic Raises $5.5 Million for AI Agents for Supply Chains
Magentic Raises $5.5 Million for AI Agents for Supply Chains
July 22, 2025  |  artificial intelligence

Magentic raised $5.5 million in a funding round to accelerate the growth of its artificial intelligence (AI) agent platform that finds opportunities for savings in...

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